PROPERTY, OBLIGATIONS, AND LIABILITIES OF MERGED OR CONSOLIDATED CREDIT UNION.

Tex. FIN Code § 122.154.
in effect
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After a merger or consolidation is effected: (1) the property of the merged or consolidated credit union vests in the surviving credit union without an instrument of transfer or endorsement; and (2) the obligations and liabilities of the merged or consolidated credit union are assumed by the surviving credit union.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026